Namib desert landscape — Tsoaxaub mine site

Namibia · Critical Minerals · Restart Ready

Delivering Superior
Zinc, Lead &
Silver Production

A fully permitted, high-grade mining project in the Namib region — 30 km from Swakopmund. JORC resource proven. Infrastructure built. Seeking the right capital partner.

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Zinc Lead Silver JORC Compliant Fully Permitted Namibia Restart Ready 1.12 Mt Resource Zinc Lead Silver JORC Compliant Fully Permitted Namibia Restart Ready 1.12 Mt Resource

What We Provide

Providing Solutions
at Every Scale

Underground

Underground Mining

Sublevel retreat open stope mining method. Modern bulk extraction, 364 LTI-free days in 2019. Proven capacity of 19,000 ore tonnes per month.

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Processing

Mineral Processing

Modern flotation plant producing separate high-grade zinc and lead/silver concentrate streams for export to international smelters via Walvis Bay.

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Exploration

Mine Exploration

56 exploration targets identified across EPL 2902 & EPL 5075 by the 2022 VTEMPlus geophysical survey. Substantial pipeline beyond the 7-year JORC base.

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About Tsoaxaub

We Have Been Mining
in Namibia Since 1968

Historic production at Tsoaxaub dates to 1968. Over five decades of site knowledge underpin today's JORC-compliant resource estimates. The modern operation was restarted in 2019 with sublevel retreat open stope mining and a newly built flotation plant, reaching 19,000 ore tonnes per month before care and maintenance in April 2020.

The Castlelake Group acquired 90% in June 2021. All permits remain active. The project is ready to restart with the right capital partner.

To responsibly explore and develop mining opportunities that deliver maximum value to all stakeholders — investors, Namibian communities, and the workforce.

Every decision is governed by JORC compliance, environmental responsibility, and the STRIVE values: Safety, Teamwork, Respect, Integrity, Valor, Excellence.

A mining company that unleashes maximum long-term value from Namibia's Namib region mineral resources — creating wealth that flows broadly across all stakeholders from the outset.

A 5% Community Empowerment Trust and 5% Employee Benefit Trust are built into the ownership structure, not added after the fact.

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North Portal — Tsoaxaub mine entrance, Namib

Recent Work

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Processing

Crushing & Screening Plant

Infrastructure

Flotation Plant — 2019

Mining

LHD Loader at Portal

Underground

Underground Operations

Exploration

Diamond Drilling

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Work Process

How We Complete Work

Geological Exploration

Geophysical surveys, drilling programmes, and JORC-compliant resource estimation define the ore body and mine parameters.

Mine Design & Planning

Deswik mine planning software optimises the extraction sequence, infrastructure layout, and production scheduling.

Mining & Processing

Sublevel retreat open stope extraction feeds the flotation plant to produce separate high-grade zinc and lead/silver concentrate streams.

Export & Delivery

Concentrate transported 75 km to Walvis Bay deep-water port for export to preferred international smelters.

Shareholding

Ownership Structure

International private equity with 10% Namibian community and workforce participation built directly into the equity structure from inception — not as a regulatory add-on.

90%

CL US Minerals LLC (Castlelake Group)

Acquired from NRR PLC, June 2021

Community Empowerment Trust

Youth, women, and vulnerable Namibian communities

Employee Benefit Trust

Qualifying PDN workforce members

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Delivering SuperiorZinc, Lead &Silver Production

Providing Solutionsat Every Scale

We Have Been Miningin Namibia Since 1968

Explore the Mine

How We Complete Work

Ownership Structure

Ready to Explorethe Opportunity?

Delivering Superior
Zinc, Lead &
Silver Production

Providing Solutions
at Every Scale

We Have Been Mining
in Namibia Since 1968

Ready to Explore
the Opportunity?